Mortgage Update

Stock market down, rates down. (See below). The Middle East situation and declining stock markets are reducing rates here at home. ///  HAFA (Home Affordable Alternatives) is starting to make more sense now that HAMP (Home Affordable Modification Program) has matured somewhat. More on how I can ...

Buy, hold, sell?Decisions, decisions. I am well-positioned (but not a market guru), and asked all time. Below are my views. (Personally I am a buyer). - Paul Sell? - If you are looking to upgrade, or if you have to. You can for sure afford to sell low, if you buy your upgrade low also. Do it now....

30-yr skirting 5%. ARMs are well priced.The 30-yr fixed crossed the 5% mark this week, and the trend is not reversing for now. ARMs are relatively better priced. Check the rates. /// Why do we use seller concessions again? (See below)  /// 85%LTV helocs and seconds are available again! - PaulSell...

Listing of current Fix-Flip Investments. Invest with the developer and get a generous profit share. Program details: www.lxfinancial.com Developers seeking partnership financing can get a scenario quote at www.fixflipnow.com      

Buy right, invest, get even (or better) with the market!I don't mean to go on and on here, but fix-flip business is brisk -  it is good business - and I want you in. And I think you want your buyers/investors in also. It's good business, and the time is now! - Paul REOs and short sales are tough ...

Good news, and good news! The Prospect Mortgage FHA 580-639 Fico program is out. (Highlights below). This should increase the number of prospective buyers by about 15%.Second, HUD has lifted the 90-day flip restriction for the re-sale of (flipped) property until the end of the year. (There are st...